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Nickel North Files NI 43-101 Technical Report for the Hawk Ridge Nickel-Copper-PGE Sulphide Project

Resource Estimates Technical Reports (NI 43-101)

Nickel North Files NI 43-101 Technical Report

for the Hawk Ridge Nickel-Copper-PGE

Sulphide Project

Vancouver, British Columbia--(Newsfile Corp. - August 22, 2022) - Nickel North Exploration Corp.

(TSXV: NNX) ("Nickel North" or the "Company") is pleased to announce that the Technical Report and

updated Mineral Resource Estimate of the Hawk Ridge Nickel-Copper (PGE) Property, Northern

Québec for Nickel North Exploration Corp. (the "Technical Report") has been filed on SEDAR. The

Technical Report, which is dated August 19, 2022, has an effective date of July 5, 2022. The results of

the updated Mineral Resource Estimate were previously disclosed in the Company's news release

dated July 6, 2022, "Nickel North Announces Significant Mineral Resource Update at Hawk Ridge

Nickel-Copper-Cobalt-PGE Project. Resources Increase 76.6% to 34.66 Mt Nickel 0.22% Copper

0.56% and more." (

Nickel North Exploration Corp. - News Releases (nnexploration.com)

.

The Technical Report was prepared in accordance with the Canadian Securities Administrators'

National Instrument 43-101

Standards of Disclosure for Mineral Projects

("NI 43-101") and is available

for review under the Company's profile on SEDAR at

www.sedar.com

and on the Company's website at

www.nnexploration.com

. There are no material differences between the Mineral Resource Estimate

announced in the July 6, 2022, news release from those contained in the Technical Report.

Technical Disclosure and Qualified Persons

The Mineral Resource Estimate and Technical Report for the Hawk Ridge Project was carried out by

Antoine Yassa, P.Geo, OGQ of P&E Mining Consultants Inc. who is considered to be independent of

Nickel North. Mr. Yassa is licensed by the Order of Geologists of Québec (License No. 224) and by the

Association of Professional Geoscientist of Ontario (License No. 1890) and has sufficient experience

which is relevant to the work which he is undertaking to be a Qualified Person under National Instrument

43-101. The parameters and methods used to develop the Mineral Resource Estimate for the Project,

please see the NI 43-101 Technical Report titled "The Technical Report and Updated Mineral Resource

Estimate of the Hawk Ridge Nickel-Copper (PGE) Property, Northern Québec for Nickel North

Exploration Corp," and filed on SEDAR at

www.sedar.com

. Readers are encouraged to read the

Technical Report in its entirety, including all qualifications, assumptions and exclusions that relate to the

summarized information in this news release. The Technical Report is intended to be read as a whole,

and individual sections should not be read or relied upon out of context.

The technical information in this news release has been prepared in accordance with Canadian

regulatory requirements as set out in National Instrument 43-101 and supervised, reviewed and

approved by, Antoine Yassa, P.Geo, OGQ of P&E Mining Consultants Inc. who is independent of Nickel

North.

About Nickel North Exploration

Nickel North Exploration is a Canada-based exploration company focused on defining a Ni-Cu-Co-PGE

Mineral Resource at its Hawk Ridge Project in Northern Québec. The board of directors, advisor

committee and management team are experienced, successful mine finders. The Project consists of a

50 km long belt of strong magmatic Cu-Ni-Co-PGE occurrences covering 173 km

2

. The Project is

located near tidewater. Québec is a mining-friendly jurisdiction. Nickel North Exploration is a

conscientious corporate citizen that maintains good relations with local Inuit communities and is

committed to sustainable development. For more information on the Company, please visit

www.nnexploration.com

.

Nickel North Exploration Corp. has been identified as a key player in the Critical and Strategic Minerals

value chain by Québec's Ministry of Economics and Innovation (MEI) in 2021 (

Québec Plan for the

Development of Critical and Strategic Minerals 2020-2025

(

quebec.ca

), which is part of Québec's Plan

for the Development of Critical and Strategic Metals (QPDCSM) and aims to stimulate the exploration

and mining of SCMs, their transformation and recycling.

Nickel North Exploration Inc.

Tony Guo. P. Geo, Chief Executive Officer (Tel: +1-778-877-5480)

E-mail:

[email protected]

North America IR / PR

Jemini Capital

Jorge Galindo

[email protected]

Tel: +1 (647) 725-3888 x703

For further information please visit

http://www.nnexploration.com

.

This news release may contain forward-looking information, which is not comprised of historical facts.

Forward-looking information involves risks, uncertainties and other factors that could cause actual

events, results, performance, prospects and opportunities to differ materially from those expressed or

implied by such forward-looking information. Forward-looking information in this news release may

include, but is not limited to, the Company's objectives, goals or future plans. Factors that could cause

actual results to differ materially from such forward-looking information include, but are not limited to,

those risks set out in the Company's public documents filed on SEDAR. Although the Company believes

that the assumptions and factors used in preparing the forward-looking information in this news release

are reasonable, undue reliance should not be placed on such information, which only applies as of the

date of this news release, and no assurance can be given that such events will occur in the disclosed

time frames, or at all. The Company disclaims any intention or obligation to update or revise any forward-

looking information, whether as a result of new information, future events or otherwise, other than as

required by law. Neither TSX Venture exchange nor its Regulations Services Provider (as that term is

defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or

accuracy of this release.

The securities being offered have not been, nor will they be registered under the United States

Securities Act of 1933, as amended, or state securities laws and may not be offered or sold within the

United States or to, or for the account or benefit of, U.S. persons absent U.S. federal and state

registration or an applicable exemption from the U.S. registration requirements. This release does not

constitute an offer for sale of securities in the United States.

To view the source version of this press release, please visit

https://www.newsfilecorp.com/release/134367